Tag: Business Updates

PhonePe partners with Ola, allows users to book cabs from its platform

PhonePe partners with Ola, allows users to book cabs from its platform. Flipkart-owned UPI-based payment platform PhonePe has reported an association with Ola where clients can book an Ola utilizing the PhonePe application. With this coordination, PhonePe clients will approach Ola’s multi-modular driving contributions, alongside the advantage of utilizing the business first AutoPay highlight. The […]

Flipkart to reclassify discounts as capital expenditure as per the order from Income Tax Department

Flipkart to reclassify discounts as capital expenditure as per the order from Income Tax Department. An income tax tribunal has allowed e-commerce business player Flipkart to assert tax deductions reasoning on rebates gave to clients and in addition other publicizing and showcasing costs, a decision that will have an orientation on how online commercial centers […]

Facebook Stock Down : Investors Don’t Like The News Feed Change-Digital Marketing and Business updates

Facebook Stock Down : Investors Don’t Like The News Feed Change. Facebook on his recent announcement Thursday stated to prioritize family and friends post over on News Feed content over brands and publishers to ensure and emphasize more on “meaningful interactions” on its platform. This surely has hit the shares of Facebook, according to CNBC the analyst says […]

Spotify, Airbnb and Dropbox among 2018’s expected IPOs-Business Updates and News

Companies flocked to the stock markets last year in their highest numbers since the financial crisis, with the parent of US mobile messaging app Snap and AIB among the biggest flotations as 1,700 deals raised almost $200 billion globally. The number of initial public offerings (IPO) marked a 44 per cent increase over 2016, according to Dealogic […]

Amazon captured 44% of U.S. online sales last year-Business News and Updates

Instagram’s currently the fastest growing social network, having gone from 600 million to 800 million active users in the past 12 months – and that’s before you consider the rising use of Instagram Stories (now up to 300 million daily active users). But with increased attention comes equivalent interest from brands, which means that while there are now more people […]

China’s Tech Firms Spur Cashless Society-Business News and Updates

Chinese tech giants Alibaba and Tencent are driving the adoption of mobile payments in the country, pushing aside banks for a growing role in everyday commerce, per The Wall Street Journal. China’s total mobile payments more than quadrupled to $9 trillion in 2016 from the prior year, iResearch Consulting Group estimated. That dwarfs the 40% growth […]